CNP Assurances and Abeille Assurances have invested in a green bond from SNCF Group.
The bond combines the issuer’s ESG objectives with a charitable financial return for investors and aligns stakeholders with the principle of sharing. At the end of the 12-year period, the Robert-Debre Child Brain Institute will have received a total of €2.31m in donations.
Donations are assigned to the purchase of medical equipment for the Robert-Debré Child Brain Institute alongside the sponsorship component by the AP-HP Foundation.
This innovation provides a complementary source of funding for non-profit organisations and companies involved in social or environmental protection.
To date, the group has more than €9.9bn in outstanding green bonds.